Principals of marketing - Study guides, Class notes & Summaries

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...

LSB 3213 Exam 3 Study Guide Graded A+ Which of the following statements is incorrect? ️A corporation may not incur obligations separate from those of its principals. Raul wants a simple method to start-up a small marketing company. The marketing firm has relatively low revenue and expenses. Which type of business entity would you suggest? ️Sole proprietorship Which statement below is correct about a sole proprietorship? ️It has low start-up costs and minimal filing. Which of ...

nts representing principals with adverse interest to obtain the "informed consent" ofboth principals. Problem with unintended dual agency typically arises where agents acting as sellers' subagents create by their conduct an implied agency relationship with buyers and acts in the buyers' interest, to the detriment of sellers. Common law of agency - answerbody of law that governs the relationship between client and agent. -any violation of the laws of agency are a violation of NCREL. F...

1. How is the field of consumer behavior defined? correct answers Consumer behavior is defined as the study of individuals, groups, or organizations and the processes they use to select, secure, use, and dispose of products, services, experiences, or ideas to satisfy needs and the impacts that these processes have on the consumer and society. 2. What conclusions can be drawn from the examples at the beginning of this chapter? correct answers That there are many different influences and reason...

BUL3310 FSU Bailey Exam 3 Questions With Verified And Updated Solutions. The principal is a fiduciary of the agent. True or False? - answerTrue An agent is a fiduciary of the principal True or False? - answerTrue A principal whose identity is known to a third party is a disclosed principal. True or False? - answerTrue Undisclosed principals have no liability to third parties for contracts negotiated by their agents. True or False? - answerFalse If a third party does not know that he is...

Principles of Real Estate 1 Exam With 100% Correct Answers Texas Real Estate Agent - answerA person who is licensed through TREC. Texas Real Estate Commission Does a person who manages, buys, sells, leases, or rents their own property have to be licensed through TREC? - answerNo. There are two types of licenses: - answerbroker's and salesperson's license What is the most popular division of the real estate market? - answerResidential real estate because there are more transactions in r...

Marketing 400: Test 1, Chapters 1-5 (Kansas State University) Questions and Answers 2024 Marketing? The activity for creating, communicating, delivering, and exchanging offerings that benefit its customers, the organization, its stakeholders, and society at large Exchange? The trade of things of value between a buyer and a seller so that each is better off after the trade Target Market? One or more specific groups of potential consumers on which an organization directs its mark...

Real Estate Broker Exam Practice questions with complete solutions. Who makes and changes the Commission rules? Qualified state courts The Commission The state legislature A committee appointed by the Governor - correct answer. The Commission The Human Rights Act exists to ensure that national mandated rights are carried out. basic rental rights laws are carried out. local civil rights laws are carried out. federal civil rights laws are carried out. - ...

Marketing The activity for creating communicating delivering and exchanging offerings that have value for customers. exchange people giving up something in order to receive something else they would rather have. 5 conditions of exchange 1. two parties 2. each party has something of value to the other 3. each party is capable of communication and delivery 4. each party is free to accept or reject an offer. 5. each party believes it is appropriate or desirable to deal with the...